: April retail inflation at 7.79%, above RBIs tolerance band for fourth month #IndiaNEWS #Business New Delhi: Indias retail inflation accelerated to 7.79 per cent in April, remaining above the tolerance

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April retail inflation at 7.79%, above RBIs tolerance band for fourth month #IndiaNEWS #Business
New Delhi: Indias retail inflation accelerated to 7.79 per cent in April, remaining above the tolerance limit of the central bank for a fourth month in a row, data released on Thursday showed.
The retail inflation stayed well above the Reserve Bank of Indias upper tolerance limit for a fourth consecutive month due to high fuel and food prices amidst war in Ukraine.
INFLATION TOUCHES 7.79%.(IANS Infographics)
In March, the retail inflation was at 6.95 per cent.
Retail inflation tracked by the Consumer Price Index (CPI) measures the changes in prices from a retail market perspective.
Besides, industrial production grew 1.9 per cent in March and 11.3 per cent in fiscal year FY22, the data showed.

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